MERIT INCREMENT Sample Clauses

MERIT INCREMENT. (1) The Company shall have the discretion to pay merit increment to staff members who have shown meritorious performance based on their annual performance appraisals. The Company shall inform staff members of their performance ratings. The performance ratings and the criteria used shall be defined by the Company and be consistently applied for the duration of this Agreement.
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MERIT INCREMENT. A merit increment may be granted to a teacher after the teacher has reached the maximum on the salary scale in the category covering the highest degree or level. The merit increment may be granted at the discretion of the Board upon the joint recommendation of the Principal and the Superintendent. The amount of this increment may be recommended by the Superintendent.
Sample 1
MERIT INCREMENT. (1) The key features of the Merit Increment matrices are as follows - A tiered increment factor will be applied across the various levels. For the junior levels, a more competitive factor will be applied for retention purposes while a smaller increment factor is applied for the senior levels to place greater focus on variable compensation i.e. Performance Bonus (PB).
Sample 1
MERIT INCREMENT. 5:01 Employees shall receive increments (calculated from the date of her last increment, or her starting date as the case may be), on the basis of one (1) increment for each 1,000 hours worked or one (1) year’s service, whichever occurs later. In the case of the increment being given on the basis of 1,000 hours worked, it shall be applied to the pay period next following of completion 1,000 hours worked.
Sample 1

Related to MERIT INCREMENT

  • Merit Increases (a) Subject to documented assessment and performance review undertaken pursuant to the Performance Management System, an employee on anniversary date may be granted an increase of up to five pay increments in the pay scale, not to exceed the control point maximum.

  • Longevity Increment All unit members who have completed the required years of District service, as defined below, shall be eligible to receive a longevity increment.

  • ANNUAL INCREMENT (1) Staff shall be entitled to an annual increment which shall be negotiated with the Union annually.

  • Longevity Increments 11.6.1 Each regular classified employee shall receive a two-range increase (5%) upon completion of five (5) years of satisfactory and continuous service. This increase will become effective at the beginning of the sixth year.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

  • Billing Increments Unless otherwise stated in a Service Order, usage-based charges will be billed on either a per-minute or per- message basis. Service calls invoiced on a per-minute basis will have an initial minimum call duration of one (1) minute, subsequent intervals of one (1) minute each, and will be billed by rounding to the next whole minute.

  • Annual Increments (a) For regular full-time Employees, a one-step increase within the salary range shall become effective as of the first day of April or the first day of October as the case may be. Where the anniversary date of an initial appointment falls between January 1 and June 30, the date of the increment increase will be April 1, and where between July 1 and December 31, the date of the increment increase will be October 1.

  • Step Increase Employees shall move to the next step of the salary schedule, only when agreed to specifically by parties in contract negotiations. If a step increase is provided, it shall be granted to those employees who receive an overall performance evaluation rating of “Effective” or higher. An employee who receives an overall performance evaluation of less than “Effective” shall not be eligible for the Board approved step increase; however, if the affected employee receives an overall performance evaluation of “Effective” or higher for the succeeding year he/she shall be granted the withheld step but not on a retroactive basis.

  • Pay Increments 44.5.1 Except as provided in sub-clauses 44.5.4 and 44.5.5 of clause 44.5 an employee holding an appointment at one of the classification levels listed in Schedule 1 of this Agreement shall be granted pay increments on completion of the applicable pay increment period until he reaches the maximum rate in the scale of rates for the classification level to which he is appointed.

  • Increment (a) If the Reference Tonnage Handled by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in a Financial Year exceeds the Aggregate Reference Tonnage ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section 4 (b) below.

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